MOSCOW – December 18, 2012 – Cisco today announced that the Skolkovo Foundation is using Cisco WebEx® Web Conferencing services to support business meetings, webinars and distance learning. Each employee of the foundation (which includes more than 500 people) will get enterprise-level access to that solution.

Announced in 2009 by Dmitry Medvedev, then President of the Russian Federation, the Skolkovo Innovation Center, the so-called Russian Silicon Valley, is a planned high technology business area being built at Skolkovo near Moscow. It aims to be an innovation hub tasked with concentrating intellectual capital and encouraging the development of various technologies. Cisco's participation in the Skolkovo Project became an integral part of the company’s 10-year $1 billion investment in sustainable innovation within the Russian Federation, announced during a meeting in San Jose, Calif., on June 23, 2010, between Dmitry Medvedev and Cisco Chairman and CEO John Chambers.

WebEx® is used for Web conferencing and enables collaboration through the Web and mobile devices anytime, anywhere. It reduces the reliance on expensive business travel saving time and money while boosting productivity. The Cisco WebEx Cloud makes it possible to share documents and data through a highly available and secure service delivery platform. It supports real-time voice and content sharing, as well as HD video-supported Web meetings. Cisco WebEx meeting services include: WebEx Meeting Center, WebEx Training Center, WebEx Event Center, and WebEx Support Center.

Supporting Quotes

Andrei Kouzmitch, director of system engineering, Cisco RCIS:

"Skolkovo Foundation is one of the first organizations in Russia and CIS to use the benefits of enterprise subscription to Cisco WebEx Web conferencing. It is unique in allowing all employees of the foundation without exception to use WebEx in their daily operations. Such an approach will provide Skolkovo with a synergy effect and enable innovative approaches to collaboration."

Mikhail Berman, CIO, Skolkovo Foundation:

"Enterprise subscription does not limit us in the number of Cisco WebEx Web conferences. As a result, we expect that the solution will proliferate exponentially. Besides, WebEx does not require continuous support from our IT service because the access to WebEx is provided on a SaaS basis."

Fedor Krasnov, director, Virtual Skolkovo project office:

"In Skolkovo Foundation, we can work anywhere, anytime. It is not just hype. It's our work style. Participants of the Skolkovo innovations ecosystem work in different countries and cities. Virtual meetings, training sessions and presenting a startup to potential investors are a daily requirement. We hope that Cisco WebEx meetings will help us solve our business tasks with higher efficiency."

Foundation for development of the New Technologies Development and Commercialization Centre is involved in creating Skolkovo center, a unique one in Russia. The project aims to provide favorable conditions for the innovative process. Scientists, designers, engineers and businessmen will work together with participants of education projects, on the implementation of new technologies in the Russian economy and the generation of world-class competitive developments. www.sk.ru

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Cisco (NASDAQ: CSCO) is the worldwide leader in IT that helps companies seize the opportunities of tomorrow by proving that amazing things can happen when you connect the previously unconnected. For ongoing news, please go to http://thenetwork.cisco.com. Cisco equipment in Russia is supplied through its authorized channel partners by Cisco Systems International BV, a wholly owned subsidiary of Cisco Systems, Inc.

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